PM chairs meeting with Vietnam-Laos Cooperation Committee

Update: 09:17 | 14/01/2018
Prime Minister Nguyen Xuan Phuc chaired a meeting with the Vietnam-Laos Cooperation Committee, relevant ministries and sectors on January 13 to discuss the implementation of the cooperation agreement with Laos last year and plans for 2018.
TIN LIÊN QUAN
pm chairs meeting with vietnam laos cooperation committee PM Nguyen Xuan Phuc meets Lao counterpart in Cambodia
pm chairs meeting with vietnam laos cooperation committee NA Chairwoman urges for deeper Vietnam-Laos judicial cooperation

The event was also attended by Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.

pm chairs meeting with vietnam laos cooperation committee
Prime Minister Nguyen Xuan Phuc chairs a meeting with the Vietnam-Laos Cooperation Committee, relevant ministries and sectors on January 13. (Photo: VGP News)

According to a report by the Ministry of Planning and Investment, the two nations exchanged more than 300 visits at all levels and saw significant progress in economic cooperation in 2017. They have worked together to promptly remove obstacles and step up trade and investment promotion activities.

Vietnam now ranks third among countries and territories investing in Laos with 276 projects worth about 5 billion USD in total. Accumulative disbursement has been estimated at over 1.6 billion USD so far, accounting for 32.5 percent of the total Vietnamese investment.

Vietnam-Laos trade in the first 11 months of 2017 exceeded 808 million USD, up roughly 10 percent from 2016.

Joint projects in transport infrastructure and connectivity have been developed between the two countries and within the region. The two sides are continuing to seek funding for key projects, such as 725-km Ha Noi – Vientiane Highway and a railway connecting Vung Ang, Tan Ap, Mu Gia (Vietnam) and Thakhec, Vientiane (Laos).

Last year, Vietnam granted 1,246 scholarships to Lao students, 246 higher than the number pledged by the two Governments.

PM Phuc said that 2017 was a year of solidarity between the two countries and both sides successfully organised grand ceremonies to mark 55th founding anniversary of diplomatic ties and 40 years since the signing of the Vietnam-Laos Treaty on Amity and Cooperation.

The two nations should promote bilateral cooperation in various fields, he said, asking relevant sides to effectively coordinate to carefully prepare for the 40th meeting of the Vietnam-Laos Inter-governmental Committee for Bilateral Cooperation to be held later this year. 

Vietnam will continue its support for Laos in socio-economic development, he noted, adding that inspections must be carried out to accelerate the progress of some key cooperation projects.

pm chairs meeting with vietnam laos cooperation committee President Tran Dai Quang receives Lao supreme court chief

President Tran Dai Quang received Chief Justice Khamphanh Sithidampha and a delegation of the People’s Supreme Court of Laos in Ha Noi on January 4.

pm chairs meeting with vietnam laos cooperation committee Lao Party chief lauds dedication of Vietnamese volunteer soldiers

General Secretary of the Lao People’s Revolutionary Party (LPRP) Central Committee and President of Laos Bounnhang Vorachith has lauded the dedication of Vietnamese volunteer soldiers ...

pm chairs meeting with vietnam laos cooperation committee PM Nguyen Xuan Phuc meets Lao Party and State leader

Prime Minister Nguyen Xuan Phuc met with visiting General Secretary of the Lao People’s Revolutionary Party and President of Laos Bounnhang Vorachith in Ha Noi ...

(Source: VNA)